Business
Exploits Discovery Announces Strategic Drilling Plans on its Southern Bullseye Claims
Toronto, Ontario--(Newsfile Corp. - November 27, 2023) - Exploits Discovery Corp. (CSE: NFLD) (OTCQX: NFLDF) (FSE: 634) ("Exploits" or the "Company") is pleased
About this update from Epic Gold Corp.
[{"type":"text","content":" Toronto, Ontario--(Newsfile Corp. - November 27, 2023) - Exploits Discovery Corp. (CSE: NFLD) (OTCQX: NFLDF) (FSE: 634) (\"Exploits\" or the \"Company\") is pleased to announce its plan to commence drilling at Bullseye's fully-permitted, 100%-owned, southern claims located along the Appleton Fault Zone (\"AFZ\") in Central Newfoundland early in 2024. Highlights Include: Drilling plans are underway to test the eastern strike potential of the high-grade \"Jackpot\" gold zones recently reported by New Found Gold Corp. (\"NFG\") on their claims bordering the southern segment of the Bullseye property. This results-driven program will initially consist of 2,500 metres of diamond drilling. The Company's VLF and Magnetics ground geophysical surveys, coupled with 2023's high-resolution LiDAR mapping (airborne Light Diffraction and Ranging), indicate a complex network of second-order splay structures exist within Bullseye; several appear to align on-trend with NFG's gold mineralization reported at Jackpot and Everest. The Bullseye property has been fully permitted by the provincial government with the capacity to drill throughout 2024. Jeff Swinoga, President and CEO, comments: \"This area of Central Newfoundland is heating up. In the last seven months, four new gold zones have been reported in the vicinity of our Bullseye project, including our own Horseshoe discovery. We are thrilled to announce the launch of our second drill campaign at Bullseye will commence in early 2024. This campaign will primarily focus on appraising the eastern strike extension of NFG's high-grade Jackpot gold zone as it potentially tracks across the border and into our southern claims. Our compilation of historic exploration records and subsequent mapping efforts suggest that the southern area has never been drilled before, so our geologists are eager to verify the potential eastern extension of the Jackpot vein system. Our claims at Bullseye are wholly-owned and have already been fully-permitted by the provincial government, so we are aiming to construct a new series of safe, low-impact access trails into the proposed drill sites before year-end.\" Figure 1: Bullseye property; Black circle indicates winter-2024 drilling focus area; Background of Bullseye property is magnetics (Total Magnetic Intensity). All assays are reported in g/t Au over core-length....